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Updated almost 8 years ago,

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12
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0
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Ian N.
  • Investor
  • Germantown, MD
0
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12
Posts

What next in the DC market?

Ian N.
  • Investor
  • Germantown, MD
Posted

Hello Biggerpockets community. I'm from the D.C metro area and began investing three years ago. I currently have three rentals. However, listening to biggerpockets podcasts and stories, I can't help but wonder am I doing something wrong and could I be doing more. My three rentals are townhomes. I'd like to jump into multifamily homes, and working to educate myself in that arena. However, it seems in the D.C market finding good affordable multifamily homes is extremely challenging. Additionally, I've also been wondering, rather than using equity to purchase a multifamily, should I be using the equity in a method I've heard to pay down and fast track the payment on principal? I'd definitely appreciate some feedback, especially from people with multifamilies, possibly in the D.C area on how they are making it work in the market here. Looking forward to a great discussion and feedback. 

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